I have been checking into the financial
assistance programs that are out there for military families who find themselves having to move and are "caught" in a down market. The US
Department of Defense Housing Assistance Program may be an option. This program used to be only available
to service men and women who were being moved due to a base realignment. The
expanded program covers families that have PCS Orders to relocate during the
current mortgage crisis. To qualify you had to buy a primary residence prior to
July 6th 2006. It had to be priced below $729,750 and the market has to be at
least 10% down from when you purchased. With this program, I may be able to help you sell your home at current market value while preventing a major financial loss to you. If you are in this situation, contact me for more information about this program and how we can work together to get things started.
Chip Warner
RE/Max Allegiance
Burke, VA
703-216-1420